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  1. #1
    Senior Member
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    May 2015
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    UK
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    How to choose a payment gateway provider

    Hello folks,

    How to choose a payment gateway provider ??

    What are the things to consider while choosing a payment gateway provider ??

  2. #2
    Registered User
    Join Date
    Mar 2016
    Posts
    118
    Choosing a payment gateway provider depends on multiple factors. Providers vary in many aspects such as rates charged, fee format, currencies they serve and added benefits they offer. Features like chargeback protection, fraud detection and credit card updaters are useful.

  3. #3
    Registered User
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    Apr 2014
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    146
    Which ecommerce platform are you going to be using? Something SaaS-based like Shopify or BigCommerce, perhaps? Or a self-hosted platform like WooCommerce or Magento? Whichever platform you’ve chosen, there will be a range of off-the-shelf plugins or extensions to help you integrate with major payment gateways.
    Last edited by kaufenpreis; 05-19-2017 at 02:30 PM.

  4. #4
    Registered User
    Join Date
    Feb 2014
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    464
    Before committing to any eCommerce payment gateway provider, make sure you are aware of their fees structure. Some offer a fee per transaction and others offer a fixed number of transactions per month for a flat monthly fee. Ensure you are aware of the fee structure and ensure it meets your business needs now and in the future.

  5. #5
    Senior Member
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    Jan 2016
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    India
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    These gateways draw funds directly from your customers' bank accounts or credit cards, validate them, and then deposit them right in your account. With a modern payment gateway, you don't need a merchant account to accept credit card payments — just a valid bank account

  6. #6
    Registered User
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    Apr 2014
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    india
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    If you need to take international payments – or may want to in the future – you should check whether the payment gateway offers international and multi-currency payments or an interface with multiple languages.

  7. #7
    Junior Member
    Join Date
    Dec 2017
    Posts
    2
    First, the payment gateway must supports the software platform you are using. For example, if it is available as raw API, you will need to integrate it with your shopping cart.

    Second, the payment gateway must supports the industry you are doing. For example, some gateways do not deal with digital goods or web hosting.

  8. #8
    Registered User 24x7servermanag's Avatar
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    Jul 2017
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    India
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    First of all, you should check the security provided by the providers. There should be proper TOS for the card holders details if there is any misuse by the company. You should check the cost and the transactions allowed er month for your account. There should be proper software comp-ability between the platform you are using and the payment gateway.
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  9. #9
    Registered User
    Join Date
    Sep 2017
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    465
    These gateways draw funds anon from your customers' coffer accounts or acclaim cards, validate them, and again drop them appropriate in your account. With a avant-garde acquittal gateway, you don't charge a merchant annual to acquire acclaim agenda payments — aloof a accurate coffer account.

  10. #10
    Registered User
    Join Date
    Oct 2017
    Posts
    12
    Choosing a payment gateway is a crucial process for any e-commerce business. Several factors need to be considered and looked before making decision.

    5 things to consider while choosing a payment gateway provider:
    1.Rate Plans Offered
    2.Available Technology
    3.Ethical Billing
    4.Quality Support
    5.Mobile Payments suppport

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